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Biotechnology Market: Insights and Competitive Analysis | #biotechnology Market #biotechnology Market size #biotechnology Market share #biotechnology Market growth #biotechnology Market forecast #biotechnology

Biotechnology Market: Insights and Competitive Analysis

Biotechnology Market: Insights and Competitive Analysis

The global biotechnology market was valued at US$ 1.70 billion in 2024 and is expected to reach US$ 13.03 billion by 2032.
During the forecast period from 2025 to 2032, the market is likely to grow at a CAGR of 29.00%, primarily driven by advancements in biotechnology research.

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